Reported Earnings • Aug 15
First quarter 2027 earnings released: EPS: ₹44.72 (vs ₹317 loss in 1Q 2026) First quarter 2027 results: EPS: ₹44.72 (up from ₹317 loss in 1Q 2026). Revenue: ₹601.5m (up 9.2% from 1Q 2026). Net income: ₹31.1m (up ₹251.4m from 1Q 2026). Profit margin: 5.2% (up from net loss in 1Q 2026). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 11
The Lakshmi Mills Company Limited to Report Q1, 2027 Results on Aug 14, 2026 The Lakshmi Mills Company Limited announced that they will report Q1, 2027 results on Aug 14, 2026 Reported Earnings • May 20
Full year 2026 earnings released: ₹224 loss per share (vs ₹67.22 loss in FY 2025) Full year 2026 results: ₹224 loss per share (further deteriorated from ₹67.22 loss in FY 2025). Revenue: ₹2.45b (down 6.9% from FY 2025). Net loss: ₹155.5m (loss widened 233% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • May 18
The Lakshmi Mills Company Limited, Annual General Meeting, Sep 25, 2026 The Lakshmi Mills Company Limited, Annual General Meeting, Sep 25, 2026. Announcement • Apr 29
The Lakshmi Mills Company Limited to Report Q4, 2026 Results on May 18, 2026 The Lakshmi Mills Company Limited announced that they will report Q4, 2026 results on May 18, 2026 Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹29.28 (vs ₹55.63 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹29.28 (up from ₹55.63 loss in 3Q 2025). Revenue: ₹622.2m (up 12% from 3Q 2025). Net income: ₹20.4m (up ₹59.1m from 3Q 2025). Profit margin: 3.3% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • Jan 09
The Lakshmi Mills Company Limited to Report Q3, 2026 Results on Feb 11, 2026 The Lakshmi Mills Company Limited announced that they will report Q3, 2026 results on Feb 11, 2026 Reported Earnings • Nov 11
Second quarter 2026 earnings released: EPS: ₹36.30 (vs ₹16.40 in 2Q 2025) Second quarter 2026 results: EPS: ₹36.30 (up from ₹16.40 in 2Q 2025). Revenue: ₹605.0m (down 17% from 2Q 2025). Net income: ₹25.2m (up 121% from 2Q 2025). Profit margin: 4.2% (up from 1.6% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Announcement • Oct 16
The Lakshmi Mills Company Limited to Report Q2, 2026 Results on Nov 10, 2025 The Lakshmi Mills Company Limited announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 15
First quarter 2026 earnings released: ₹317 loss per share (vs ₹18.50 loss in 1Q 2025) First quarter 2026 results: ₹317 loss per share (further deteriorated from ₹18.50 loss in 1Q 2025). Revenue: ₹554.5m (down 14% from 1Q 2025). Net loss: ₹220.3m (loss widened ₹207.4m from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Announcement • Jul 14
The Lakshmi Mills Company Limited to Report Q1, 2026 Results on Aug 14, 2025 The Lakshmi Mills Company Limited announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • Jul 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹6.56b market cap, or US$76.6m). Announcement • May 29
The Lakshmi Mills Company Limited, Annual General Meeting, Sep 12, 2025 The Lakshmi Mills Company Limited, Annual General Meeting, Sep 12, 2025. Reported Earnings • May 29
Full year 2025 earnings released: ₹67.22 loss per share (vs ₹198 loss in FY 2024) Full year 2025 results: ₹67.22 loss per share (improved from ₹198 loss in FY 2024). Revenue: ₹2.70b (up 6.5% from FY 2024). Net loss: ₹46.8m (loss narrowed 66% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Announcement • May 02
The Lakshmi Mills Company Limited to Report Fiscal Year 2025 Results on May 28, 2025 The Lakshmi Mills Company Limited announced that they will report fiscal year 2025 results on May 28, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹55.63 loss per share (vs ₹39.18 loss in 3Q 2024) Third quarter 2025 results: ₹55.63 loss per share (further deteriorated from ₹39.18 loss in 3Q 2024). Revenue: ₹560.3m (down 20% from 3Q 2024). Net loss: ₹38.7m (loss widened 42% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Announcement • Jan 03
The Lakshmi Mills Company Limited to Report Q3, 2025 Results on Feb 14, 2025 The Lakshmi Mills Company Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹16.40 (vs ₹48.83 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹16.40 (up from ₹48.83 loss in 2Q 2024). Revenue: ₹770.5m (up 45% from 2Q 2024). Net income: ₹11.4m (up ₹45.4m from 2Q 2024). Profit margin: 1.5% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Announcement • Oct 17
The Lakshmi Mills Company Limited to Report Q2, 2025 Results on Nov 11, 2024 The Lakshmi Mills Company Limited announced that they will report Q2, 2025 results at 12:15 PM, Indian Standard Time on Nov 11, 2024 New Risk • Sep 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹4.70b market cap, or US$56.3m). Announcement • Sep 10
The Lakshmi Mills Company Limited Approves Board Appointments The Lakshmi Mills Company Limited announced that at its AGM held on September 9, 2024, the shareholders approved appointment of Sri K. Murali Mohan, Sri R. Varadarajan and Sri. Ashwin Chandran as independent director of the company. Reported Earnings • Aug 10
First quarter 2025 earnings released: ₹18.50 loss per share (vs ₹84.43 loss in 1Q 2024) First quarter 2025 results: ₹18.50 loss per share (improved from ₹84.43 loss in 1Q 2024). Revenue: ₹650.5m (up 3.4% from 1Q 2024). Net loss: ₹12.9m (loss narrowed 78% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Announcement • Jul 10
The Lakshmi Mills Company Limited to Report Q1, 2025 Results on Aug 09, 2024 The Lakshmi Mills Company Limited announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jun 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹4.10b market cap, or US$49.1m). New Risk • Jun 04
New major risk - Revenue and earnings growth Earnings have declined by 1.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹3.14b market cap, or US$37.5m). Announcement • May 31
The Lakshmi Mills Company Limited, Annual General Meeting, Sep 09, 2024 The Lakshmi Mills Company Limited, Annual General Meeting, Sep 09, 2024. Announcement • May 05
The Lakshmi Mills Company Limited to Report Fiscal Year 2024 Results on May 28, 2024 The Lakshmi Mills Company Limited announced that they will report fiscal year 2024 results on May 28, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: ₹39.18 loss per share (vs ₹56.31 loss in 3Q 2023) Third quarter 2024 results: ₹39.18 loss per share (improved from ₹56.31 loss in 3Q 2023). Revenue: ₹704.7m (up 57% from 3Q 2023). Net loss: ₹27.2m (loss narrowed 30% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Jan 09
The Lakshmi Mills Company Limited to Report Q3, 2024 Results on Feb 08, 2024 The Lakshmi Mills Company Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Announcement • Oct 25
The Lakshmi Mills Company Limited to Report Q2, 2024 Results on Nov 08, 2023 The Lakshmi Mills Company Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Upcoming Dividend • Sep 07
Upcoming dividend of ₹9.00 per share at 0.2% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 21 October 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.5%). Announcement • Aug 27
The Lakshmi Mills Company Limited, Annual General Meeting, Sep 21, 2023 The Lakshmi Mills Company Limited, Annual General Meeting, Sep 21, 2023, at 11:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2024 earnings released: ₹84.43 loss per share (vs ₹81.93 profit in 1Q 2023) First quarter 2024 results: ₹84.43 loss per share (down from ₹81.93 profit in 1Q 2023). Revenue: ₹629.4m (down 32% from 1Q 2023). Net loss: ₹58.7m (down 203% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 15
The Lakshmi Mills Company Limited to Report Q1, 2024 Results on Aug 11, 2023 The Lakshmi Mills Company Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Reported Earnings • May 30
Full year 2023 earnings released: ₹72.06 loss per share (vs ₹346 profit in FY 2022) Full year 2023 results: ₹72.06 loss per share (down from ₹346 profit in FY 2022). Revenue: ₹2.44b (down 30% from FY 2022). Net loss: ₹50.1m (down 121% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 05
Third quarter 2023 earnings released: ₹56.31 loss per share (vs ₹93.60 profit in 3Q 2022) Third quarter 2023 results: ₹56.31 loss per share (down from ₹93.60 profit in 3Q 2022). Revenue: ₹448.5m (down 44% from 3Q 2022). Net loss: ₹39.2m (down 160% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Jan 14
The Lakshmi Mills Company Limited to Report Q3, 2023 Results on Feb 03, 2023 The Lakshmi Mills Company Limited announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. Independent Non Executive Director Bakthavatsal Vijay Venkataswamy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 25
Upcoming dividend of ₹25.00 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 08 October 2022. Payout ratio is a comfortable 6.9% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.6%). In line with average of industry peers (0.5%). Announcement • Aug 17
The Lakshmi Mills Company Limited, Annual General Meeting, Sep 09, 2022 The Lakshmi Mills Company Limited, Annual General Meeting, Sep 09, 2022, at 10:20 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements including Balance Sheet as at March 31, 2022, the Statement of Profit and Loss (including other comprehensive income), the Statement of Cash Flow and Changes in Equity for the year ended on that date together with the Directors' Report and the Auditors' Report thereon; to declare a dividend for the year ended March 31, 2022; to appoint a Director in the place of Aditya Krishna Pathy who retires by rotation and being eligible, offers himself for reappointment; to appoint the Auditors of the company and to fix their remuneration; and to consider others. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹81.93 (vs ₹64.75 in 1Q 2022) First quarter 2023 results: EPS: ₹81.93 (up from ₹64.75 in 1Q 2022). Revenue: ₹938.5m (up 33% from 1Q 2022). Net income: ₹57.0m (up 27% from 1Q 2022). Profit margin: 6.1% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • Jul 23
The Lakshmi Mills Company Limited to Report Q1, 2023 Results on Aug 12, 2022 The Lakshmi Mills Company Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹346 (vs ₹52.76 in FY 2021) Full year 2022 results: EPS: ₹346 (up from ₹52.76 in FY 2021). Revenue: ₹3.47b (up 89% from FY 2021). Net income: ₹240.6m (up ₹203.9m from FY 2021). Profit margin: 6.9% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • May 21
The Lakshmi Mills Company Limited Recommends Dividend for the Financial Year Ended March 31, 2022 The board of Directors of the Lakshmi Mills Company Limited at their Meeting held on May 20, 2022, recommended a dividend of INR 25 per share of INR 100 each (25% on the face value of INR 100 each) for the financial year ended March 31, 2022. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. Independent Non Executive Director Bakthavatsal Vijay Venkataswamy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹3,540, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 36% over the past three years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹93.60 (up from ₹63.18 in 3Q 2021). Revenue: ₹802.4m (up 26% from 3Q 2021). Net income: ₹65.1m (up 48% from 3Q 2021). Profit margin: 8.1% (up from 6.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 09
Upcoming dividend of ₹15.00 per share Eligible shareholders must have bought the stock before 16 September 2021. Payment date: 23 October 2021. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.4%). Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹64.75 (vs ₹58.55 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹712.2m (up ₹631.1m from 1Q 2021). Net income: ₹45.0m (up ₹85.8m from 1Q 2021). Profit margin: 6.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 01
Full year 2021 earnings released: EPS ₹52.76 (vs ₹21.84 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.86b (down 15% from FY 2020). Net income: ₹36.7m (up ₹51.9m from FY 2020). Profit margin: 2.0% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 26
New 90-day high: ₹2,026 The company is up 20% from its price of ₹1,682 on 27 November 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 14% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS ₹63.18 (vs ₹44.34 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹639.1m (up 11% from 3Q 2020). Net income: ₹43.9m (up ₹74.8m from 3Q 2020). Profit margin: 6.9% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 74% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Jan 09
The Lakshmi Mills Company Limited to Report Q3, 2021 Results on Feb 10, 2021 The Lakshmi Mills Company Limited announced that they will report Q3, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 10
New 90-day high: ₹1,795 The company is up 11% from its price of ₹1,610 on 11 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 23% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: ₹1,736 The company is up 7.0% from its price of ₹1,619 on 26 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 14% over the same period. Announcement • Oct 18
The Lakshmi Mills Company Limited to Report Q2, 2021 Results on Nov 13, 2020 The Lakshmi Mills Company Limited announced that they will report Q2, 2021 results on Nov 13, 2020 Announcement • Jul 26
The Lakshmi Mills Company Limited to Report Q1, 2021 Results on Aug 07, 2020 The Lakshmi Mills Company Limited announced that they will report Q1, 2021 results on Aug 07, 2020 
